Ubiquiti (UI) Chief Accounting Officer Kevin Radigan Vests RSUs; Shares Withheld

What Happened

• Kevin Radigan, Chief Accounting Officer of Ubiquiti Inc., had restricted stock units (RSUs) convert/vest on July 1, 2026. The filing shows conversions of 1,154 RSU units into shares (407 + 284 + 340 + 123). To satisfy tax withholding obligations, 556 shares were withheld (191 + 139 + 166 + 60) at $536.38 per share, a cashless withholding valued at about $298,228. Net shares received from these conversions equal 598 shares (1,154 converted − 556 withheld). On August 18, 2026, Radigan was also granted 373 RSUs (each RSU = one share).
• These entries are recorded as derivative conversions/exercises (code M) and tax withholding (code F). The withheld shares were not an open‑market sale by Radigan but were used to cover tax obligations.

Key Details

• Transaction dates: July 1, 2026 (RSU conversions and tax withholding); August 18, 2026 (new RSU grant).
• Prices reported: RSU conversions reported at $0.00 (derivative conversion); tax withholding calculated at $536.38 per share. Total withholding value ≈ $298,228.
• Net shares resulting from the July 1 activity: +598 shares to Radigan (1,154 vested − 556 withheld).
• Grant on Aug 18: 373 RSUs awarded (each converts to one share when vested).
• Vesting schedule notes from the filing: 407 RSUs vested 7/1/2026; remaining RSU tranches vest in future years (examples in filing: 284 RSUs vest 7/1/2027; various tranches vest across 2027–2030).
• Footnotes: F2 specifies shares withheld to satisfy tax obligations and do not represent a sale by the reporting person; F3 confirms each RSU equals one share.
• Filing timeliness: The Form 4 was filed on Aug 20, 2026 for transactions dated Jul 1, 2026 — this is a late filing (Form 4 is normally required within two business days of the transaction).

Context

• These were RSU vesting/conversion events with cashless tax withholding, not open-market sales or purchases. For retail investors, vesting and withholding are routine compensation mechanics and do not necessarily signal personal market sentiment. The August 18 RSU grant increases potential future compensation tied to future vesting dates.